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Search Results 0 to 49 of about 66 (some duplicates have been removed)
the world. china's economy rebounds into the fourth quarter, beating expectations and snapping seven straight quarters of slow growth. >>> the british government says there's no indication that the hostage crisis is over in algeria as the reports emerge that doesz may have been killed in a rescue operation. >>> investors are unnerved by big spending plans in 2013. plus, glencore pushes back its mega merger by weeks as the regulatory commission begin necessary south africa. >>> welcome to the program. i want to bring you some breaking news in terms of energy prices. the iea is out with its latest 2013 oil report. it expects u.s. oil demand to remain flat on the year. but the headline here does appear that the market, according to the iea language here, is tighter than we thought. all of a sudden, the market looks tighter than we thought. that's the main message we're getting from the organization. it says the world forecast to consume about 90.8 million barrels per day in 2013, up by about a quarter of a million since december. despite seeing the u.s. slight to even negative, seen as
and will likely hear tomorrow. >> the more things hope and change, the more they stay the same. >> our economy is badly weakened and health care is too costly and schools fail to many. these are the indications of crisis. a nagging fear that america's decline is inevitable and the next generation must lower its sights. >> the speech he could give word for word again right now because so little has changed. in that speech he talks about wanting to end two wars, too many people are out of work, reaching out to the muslim world, reforming our schools. there are all kinds of redundancies he can thought go back to. >> supporters including his most ardent factor, hold the view the second address will be fundamentally different from the first address, not because he is hemmed if by similarities between today and four januaries ago but because the nation is in a fundamentally different place. >> this economy was losing 800,000 jobs a month and a lot of folks wondered whether we were headed for another great depression. do you hear me? this is what he faced on day one as president. >> as you know, he t
on the economy or jobs. we have been very reactive to what is happening in the headlines, not atippal for a second president. but it is the soft under belly of the obama presidency. at then of the second sterl, if this chidoesn't turn around and unemploint ployment doesn't come down, the obama agenda will be a failure. they are making a huge mistake, trying to beat up on rich people, businesses and small businesses and raise taxes. the result of the policies, eric, is that unemployment will continue to stay high and poverty rates will continue to skyrocket. when you beat up on the rich, you create more poor and you make your budget problem worse because there are more people on welfare than there were before president obama came to office. >> what happened if there were more people on welfare and if the unemployment rate doesn't go down? >> that has to be the primary focus needs to be. there are two major challenges right now. first, this economy is focused for liftoff. in the corporate world, we are at the highest profit levels we have been since world war two. their productivity is
automatically because our debt is going to grow along with our economy from year to year. especially it's going to grow in times when we need to spend a little more to juice our economy. but you know, bernanke has very little credibility with the republican party because republican leadership last year actually sent letters to him saying stop with your quantitative easing and your other extraordinary measures to juice this economy. they're already angry at him, so him saying we should from the debt ceiling is not going to do anything in congress. >> part of the problem is the debt seems to go up and good times and bad times and no one ever seems to have the courage to cut it, but it's a very bipartisan thing in terms of raising it. 76 times it's been raised since 1962. and the number one president in terms of raising it, the winner is ronald reagan at 17 times. that might shock people who like to see him as the paragon of responsible spending. >> we'll start with the deficit, shrinking more rapidly than at any time since the end of the korean war. in the end of december, we had a deficit for th
provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: battle lines were drawn at either end of pennsylvania avenue today over the national debt and government spending. the opening shots came from president obama at his white house news conference. >> i thought it might make sense to take some questions this week as my first term comes to an end. >> brown: the questions were dominated by the looming debt ceiling fight. the president sternly warned republicans not to balk at raising the nation's borrowing limit. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the f
attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be more confro
countries. why this site specifically? it is about gas and oil, that is the backbone of the economy and of course that is of great interest for the europeans who import from algeria. melissa: why attack in algeria for what is happening in molly? you can see they are neighbors, but why would this be the best way to make a statement, do you think? >> algeria has opened its airspace between friends in the north and the train into mali. it aided france in attacking al qaeda in mali. this is a lesson, a revenge against algeria to stop them from along the french across into mali. melissa: what is our role, what is the proper response for us? there are americans involved among the hostages, we have a drone overhead but it is limited given the algerian military is on-site. what can america do and what should we do? >> that is things we cannot talk about what the government will not talk about. obviously a special mission is being prepared that would emerge if they're executed, but let's be clear, the lead is the algerians. they are on the ground surrounding the flight. some hostages have be
reporting better than expected earnings and economy is coming out of the woods. we have had three weeks of an up market. so many are saying this continues, it will make a mockery of all the critics and all this administration. >>> if al-qaeda is on the move is it time for us to move in? what does ron paul have to say? ron paul is here. [ male announcer ] don't just reject convention. drown it out. introducing e all-new 2013 lexus ls f sport. an entirely new pursuit. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses living with moderate to semeans living with pain.is it could also mean living with joint damage. humira, adalimumab, can
the american economy. the financial well-being of the american people is not leverage to be used. martha: hmmm. there you go. iowa republican congressman steve king joins me now. so those are your two options. you can either crash the american economy or you can raise the debt limit or refuse to raise the debt limit. what do you pick, congressman king? >> isn't that masterful political rhetoric coming from the president? if you listen to him talk, there is a little pause in his selection of words there, you it is choreographed and carefully chosen but the american people will be able to see through this i believe. the first problem we need to deal with, martha, the misuse of the term default that emerged in the last debt ceiling crisis in august of 2011 when used on both sides of the aisle, when we reach the point the united states didn't have anymore borrowing authority that automatically meant default. it doesn't. that was a false definition then. it is a false definition now. we have enough money to operate essential components of this government that we can go on for a very long time. this
is warning that a political deadlock over the nation's debt ceiling could damage the u.s. economy and beyond. it's estimated without the deal the government could run out of money to pail its bills as early as mid-february. the president said the idea of refusing to raise the debt ceiling is irresponsible and absurd. >> republicans in congress have two choices here. they can act responsibly and pay america's bills are act irresponsibly and put america through another economic crisis. but they will not collect a ransom for not crashing the american economy. >> shep: they say they won't support raising the debt limit and there a battle line. the debt ceiling is the maximum amount of money that the united states can borrow. the law requires congress to control and authorize any money needed to pay for federal programs. debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it o
and find out what has happened and why taking a look now at the economy, its effect on the market today, good news, jobless claims dropping sharply last week, down to the lowest levels, in fact, since january of 2008. the housing sector showing its best performance in four years last month. housing for all of last year rising 28 percent, increases seen across the entire country. the good news includes permits for new start-ups. up 30% last year. the good news driving the snb to its best finish since late 2007 with stock prices closed higher for a third straight day. the dow up 85 points, s&p up eight to monastic 18 and a half. a 5-year high. volume on the big board, volume picking up. to bank stocks hurting the dow performance. bank of america reporting disappointing earnings. profits last 63 percent by charges related to billions of dollars in settlements on bad mortgages. city profits down 3% taking a $2 billion charge for litigation costs. not all banks disappointed. pnc profits surging 47%. investors applauding pushing the stock up almost 4%. commodities also hot. the combination of
, everyday, ordinary americans help turn around this economy and get it growing again. you know, in first inaugurals, it's about a transition of power, peaceful transition of power. in this inaugural, it's really about the continuation of this president's legacy and his vision for the country. >> suarez: mr. obama will actually be sworn in sunday, in private, to meet the constitutional requirement for the oath on the 20th. then, he'll take the oath in public the next day. in a way, he will become the first president since franklin d. roosevelt to take the oath of office four times. in 2009, he took the oath twice because, in a do-over, performed the day after chief justice john roberts tripped on his lines during the first inauguration. >> within a few days, the president will be walking from that part of the capitol right here, and then down these stairs. >> suarez: new york democratic senator chuck schumer is chairman of the joint congressional committee on inaugural ceremonies, which oversees all of the inaugural rituals related to the capitol. >> there's no tanks in the streets, there
between $40 million and $50 million. the economy is not sod great. a second term and inaugural speeches the second time around not as climactic as the first time. >> a small subdued party and costs in the range of $40 million you got to wonder. a lot of money when you really think about it, isn't it? thank sow so much. >> there were ten balls last time, martha. only two balls this time oh he fixly. there was a lot of party going on last night and there will be around washington in the private bashs. >> see you there latino they are afternoon. thank you so much. >> 11:55 eastern time the official swearing in ceremony for the president will take place at the white house. later tonight the president and first lady will be at the national building museum at 8:00 eastern time to participate in candle light is celebration along with the vice president joe biden and his wife jill. they will address the nation at 8:55 eastern time later tonight and then, of course, tomorrow is a big day also. you can watch that tonight and complete coverage of our inauguration event right here on the fox news c
for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: algeria's state news agency now says special forces have completed a mission to rescue dozens of foreign hostages, including some americans. they'd been held by militants tied to al-qaeda. but there are wildly varying accounts of how many got out alive, and how many were killed. >> because of the fluidity and the fact that there is a lot of planning going on, i cannot give you any further details at this time about the current situation on the ground. >> brown: even this afternoon, as secretary of state hillary clinton suggested, the situation in algeria remained confused. the focu
're growing at 7.9%. we're barely growing our economy at 2% and we're giving them money. bill: critics say we boosted electricity output. that was productive for the united states. they don't call it outsourcing. they call it insourcing. >> you can call it whatever you want. call it whatever you like. the goal of the stimulus was to create american jobs, yes i will give them a bit of credit they will create some american jobs here. the problem, they're not long-term. they're not sustainable. the other issue you're supposed to push entrepreneurship, small business here in the united states. one of the small business renewable energy companies says we can't compete. when the money is doled out, these big firms come from europe and asia and they jump in right away and get the american money. bill: you wonder how many more stories and companies we'll hear about this? started in solyndra. $4 billion is awful lot. >> obama said 4 more billion in the budget. bill: joy. e-mail, on twitter. at bill hemmer. by. because you asked. martha: brand new numbers from the cdc how deadly this flu season is beco
-term effect jobs will leave, people will leave and hurt the economy long term. bill: matt, thank you. steve moore, thank you as well. e-mail is hemmer@foxnews.com. viewers on home on twitter that follow me, @billhemmer, file your one word, not one word, one line. martha: one word is all you get? bill: that would be brief. because you asked, bya just need one question. fire it up and let us know what is happening in your state. martha: okay. we are following major developments right now in the fight against al qaeda. the latest on u.s. involvement in a brand new front in the war on terror that is becoming a big story today. details ahead. bill: an update on the health of former president george h.w. bush. good news here. [ laughing ] ahh, cloudy glasses. you didn't have to come over! easy. hi. cascade kitchen counselor. look! over time, cascade complete pacs fight film buildup two times better than finish quantum to help leave glasses sparkling. cascade. the clear choice. to help leave glasses sparkling. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x th
newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. blockbuster earnings from j.p. morgan, and goldman sachs. but will they be able to keep up the pace? >> tom: i'm tom hudson. the growing concern over america's ability to pay its i.o.u.s is turning into a debate over the definition of a "debt default." why washington's wrangling could hurt the u.s. economy. >> susie: and from chipotle to dunkin' donuts, did fast
, but it is increasing international significance of africa for the global economy. i think this is often at the root of the crisis. people whose land on which this applies, are often the most marginalized economically. you talk about the 9 & and 1%, they are the 99% and a cd he leaves, local and the big oil companies will, as just a very narrow interests and ignoring the rights the people on the ground. it is a vast region, at the middle of the desert but it is an incredibly rich region in terms of natural resources. i think it is important to recognize particularly with algeria, that it is not long ago, just 50 years ago, intense battles were under way to fight the colonial power, to fight france, and colonialism. it is a very short history in terms of people's fights for sovereignty and for liberation and for accessing control of their own land. i think it is important to understand the geography. yes, a jury that neighbors libya and mali, but it is in order for us to understand the history and the incredible significance of that region. >> one of the interesting things about what has happened in
newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: algeria's state news agency now says special forces have completed a mission to rescue dozens of foreign hostages, including some americans. they'd been held by militants tied to al-qaeda. but there are wildly varying accounts of how many got out alive, and how many were killed. >> because of the fluidity and the fact that there is a lot of planning going on, i cannot give you any further details at this time about the current situation on the ground. >> brown: even this afternoon, as secretary of state hillary clinton suggested, the situation in algeria remained confused. the focus was this natura
, the national economy could dip and that would likely have a negative effect on california's budget numbers. push >> the biggest risk to our forecast or the analysts' forecasts could come next month and that's from washington, d.c. >> the 2013 budget release by governor brown showed a surplus for the first time in many years and that was thanks to new tax revenue from proposition 30 as well as spending cuts. >>> oakland police investigating a shooting that seriously injured one man. it happened about 8:00 last night on crest avenue. neighbors say they heard about 30 rounds from what sounded likes an automatic assault rifle. the victim ran. he was taken to the hospital in critical but stable condition. so far no arrests have been made. >>> well, oakland's police chief and the mayor, they are working now to stop the surge in violence. 11 people were wounded in shootings over the weekend, six people have been killed so far this year. the police are blaming a lot of the violence on a feud between rival gangs. it started when a young woman was killed last summer. since then, howard jordan says g
investors more optimistic about the economy. the dow is up 69. the nasdaq is up 18. s&p up 7. >>> an influential group of business leaders is pushing for an increase in the full retirement age. the business round table made up of large company's ceos -- companies' secretary of state, says the retirement age should gradually go up to 70. the group is proposing the older retirement age apply for both social security and medicare. members also want to partially privatize healthcare for older americans. they say their plan to help preserve social security and medicare for all americans. >>> 8:44. let's bring you up to date on some of the other top stories we're following for you right now. algerian forces reportedly raided a natural gas plant trying to free dozens of foreign hostages including americans held by militants. but the militants say 35 hostages and 15 kidnappers were killed by algerian military helicopters. they also say that seven hostages including two americans survived. no comment yet on this by the algerian government. >>> back this country, notre dame football st
of our debt relative to the size of our economy, but it would make it manageable. jon: that's the $4 trillion that he is talking, talking about, sg that if you can cut $4 trillion in spending, that's going to make thingsings hunky dory. is it? >> with well, no, i would say no. for the reasons doug suggests that $4 trillion isn't really $4 trillion. if it were a real $4 trillion, it would be an effective patch, a short-term fix. what it will not do, however, is change the long-term debt trajectory of the country, and there's really no discussion, particularly discussion that involves the white house on a serious level about changing the debt trajectory of the country. you're not hearing from the president proposals for long-term, structural entitlement reform which everybody in washington, b everybody who's paid even cursory attention to these issues understands is what's really driving our debt. jon: and i just have to let our viewers know that steve is not a marionette, there are cables behind his head for the window washers -- [laughter] who are getting ready to clean the windows t
to bring about the collapse of the iranian economy or the surrender of their government. we're not saying sanctions are meaneringless. they are imposing various types of hardships on people in iran, but they are not having the kind of strategic effect that proponents of them here say that they will have, and i would say historically, there's no real example of a case where sanctions organized and instituted by the united states have led either to the overthrow of a government we didn't like or led it basically to surrender our our policy demands. we impose sanctions on iraq for more than a decade. killed more than 1 million iraqis in the process, half of them children, and the iraqi people didn't rise up to overthrow saddam. they didn't you know, change iraqi policies. it took a disastrous u.s. invasion in 2003 to do that. sanctions are not going to have the effect that people are being promised that they'll have here. >> i could talk to you both for hours. we didn't even scratch the surface of the nuclear capabilities and the allegations made against iran on that front, but hillary and f
-destruction. the american economy from full blown depression. good evening, democrats. >> president obama's friend, massachusetts governor deval patrick talks to me about the president's next term, and about his own next steps. you are watching msnbc, the place for politics. [ man ] visa prepaid opened a new world for me. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. more people go with visa. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup brewer. always good to the last drop. now available for use in the keurig k-cup brewer. i've always had to keep my eye on her... but, i didn't
, looking good. >> reporter: they just bought their dream home. >> just felt like the economy was starting to turn. and at the same time, the interest rates were ticking lower and lower. and that created a sense of urgency. >> reporter: they are hardly alone. at this development east of los angeles, sales have tripled over the last year. they're now selling homes faster than they can build them. >> this community is hopping. there's a lot of activity. >> reporter: real estate agent rose says it's a stark contrast to the scene here five years ago when the real estate boom went bust. >> there was a period where it was like a ghost town. >> a really good word for it. desolate. i did a lot of short sales and helped a lot of people move out of their dream homes and had nowhere to put them. >> reporter: and now the opposite? >> absolutely. now we're seeing it come full circle. >> reporter: and then some. >> the master bedroom. >> reporter: they haven't even furnished their four bedroom home with a view, but they have been approached by people
are encouraged that there are signs that congressional republicans on holding our economy hostage to extract drastic cuts in medicare that middle class families depend on. it was positive from the white house. pretty negative response from nancy pelosi, the democratic leader in the house. this pros poll sas, she says, does not relieve the uncertainty faced by the middle class. this is a gimmick unworthy of the challenges we face and the national debate we should be having. the message for the american people is clear, no gauges, no default. is there a lack of coordination in the response between pelosi and the white house? >> look, i think both sides are true. it's positive that the republicans and the congress are backing off of that threat. it's also true that we can't go in three-month increments having a debate about whether we're going to pay our bills and whether we're going to jeopardize the full faith and credit of the united states of america. we need to work this through, find a long-term solution for this and bring some certainty to the economy. >> i'm not sure i'd say it's an ent
Search Results 0 to 49 of about 66 (some duplicates have been removed)